Magzter GOLD ile Sınırsız Olun
Sadece 9.000'den fazla dergi, gazete ve Premium hikayeye sınırsız erişim elde edin
Denemek ALTIN - Özgür
M&M Acquires 58.96% Stake in SML Isuzu for ₹555 Crore
The New Indian Express Bengaluru
|April 27, 2025
HOMEGROWN automaker Mahindra & Mahindra (M&M) will acquire a 58.96% stake in SML Isuzu for ₹555 crore at ₹650 per share—a 63% discount to the latter's closing price of ₹1,789 on Friday.
The deal values SML Isuzu, which had a market capitalization of ₹2,557 crore at the end of last week, at a significant discount.
As part of the transaction, M&M would acquire the entire stake of 43.96% held by Sumitomo Corporation, promoter of SML, and separately also acquire 15% stake held by Isuzu Motors Ltd, public shareholder of SML. M&M would launch a mandatory open offer for the acquisition of up to 26% stake from eligible public shareholders of SML in accordance with the SEBI Takeover Regulations.
Bu hikaye The New Indian Express Bengaluru dergisinin April 27, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
The New Indian Express Bengaluru'den DAHA FAZLA HİKAYE
The New Indian Express Bengaluru
Halt ops, give us 3-mth window: Maoists to govt
Letter to CMs of MP, Maha and Chhattisgarh seeks time for collective call on surrender
1 mins
November 25, 2025
The New Indian Express Bengaluru
Punjab village bids adieu to He-Man ‘uncle’
THE He-Man of Bollywood, 89year-old veteran actor Dharmendra, who acted in more than 300 movies spanning 65 years, belonged to Dangon village, some 25 km away from Ludhiana in Punjab.
1 mins
November 25, 2025
The New Indian Express Bengaluru
Adani Group’s gross debt increases to ₹3.36L cr, cash balance up at ₹57k cr
ADANI Group said on Monday that it had a cash balance of ₹57,157 crore at the end of September 2025.
1 mins
November 25, 2025
The New Indian Express Bengaluru
Level up: PMO to babus on cabinet notes
ONUS ON PULLING TOGETHER IN SAME DIRECTION
1 mins
November 25, 2025
The New Indian Express Bengaluru
Nitish cabinet meet today, lobbying for BJP chief
First time in two decades
1 min
November 25, 2025
The New Indian Express Bengaluru
A 'Honest Second Opinion' can ensure right treatment
WITH a view to help patients avoid unnecessary surgeries and reduce unnecessary expenses, Superhealth, a healthcare startup has launched ‘Honest Second Opinion’.
1 mins
November 25, 2025
The New Indian Express Bengaluru
A LIFE LIVED KING-SIZE
DHARMENDRA: 8 DECEMBER 1935 - 24 NOVEMBER 2025
2 mins
November 25, 2025
The New Indian Express Bengaluru
'Groundwork key for gender parity'
WHILE the recently introduced labour laws have, for the first time, prohibited gender disparity in the workplace and given statutory backing to the principle of ‘equal pay for equal work’, labour and HR experts say that substantial groundwork is required from employers to make these rules truly implementable. They fear that without adequate logistical and infrastructural support, some of these provisions may end up as mere box-ticking exercises.
1 mins
November 25, 2025
The New Indian Express Bengaluru
PM returns to Ayodhya for flag hoisting in Ram temple
PREPARATIONS for Dhwajaarohan (flag hoisting) ceremony on the Ram temple's spire reaching their culmination with Prime Minister Narendra Modi ready to return to the temple town after 22 months of the consecration ceremony of Ram Lalla in the sanctum sanctorum which he presided over on January 22, 2024.
1 mins
November 25, 2025
The New Indian Express Bengaluru
Bulk of household spending goes to durables: Study
THE consumption pattern of Indian households has changed dramatically over the past decade with the share of monthly per capita expenditure on food falling below 50% for the first time and a larger portion going to nonfood items such as durable goods, a new study reveals.
1 min
November 25, 2025
Listen
Translate
Change font size